EURUSD 4H Market Structure — Major Breakout Setup Toward 1.1850

Wait 5 sec.

EURUSD 4H Market Structure — Major Breakout Setup Toward 1.1850EUR/USDOANDA:EURUSDLunadigitalEURUSD is currently consolidating between a long-term descending resistance line and a rising trendline support, creating a compression structure on the 4H timeframe. Price continues to respect the lower trendline while multiple equal highs (EQH) indicate liquidity resting above the current market. A confirmed breakout above the descending trendline could open the way toward 1.1500–1.1550, followed by liquidity around 1.1620–1.1680. If bullish momentum continues, the broader upside objective remains the 1.1840–1.1860 strong resistance zone, where significant liquidity and a potential market reaction may be expected. The bullish scenario depends on trendline support holding and a confirmed structural breakout. A breakdown below support could invalidate or delay this outlook. Not financial advice.